The US unemployment rate fell to 5.9% in September, a six-year low, official figures show, the rate fell from 6.1% in August and is the lowest recorded rate since July 2008. The US Labor Department said that employers added 248,000 jobs last month, The jobs figures are seen as a significant gauge of the health of the economy. The largest rise in employment was in professional and business services, including management and legal services, which saw an increase of 81,000 jobs in September. I sure hope that this good trend continues, and that the rate of employment continues to do well.
This isn't the whole picture. There are SO many people who are seriously under employed, meaning they have a job, but they are part time and their needs are not being adequately met, but they are unable to get any more work at this time. A lot of people I know are in this situation, barely surviving from paycheck to paycheck because there is no other option for them right now. The numbers of working poor are on the rise, which is a serious problem as these people are really trying, but due to lack of opportunity, they can't earn enough to have a cushion, and are therefore very financially vulnerable. Some of these people even have college degrees and are very smart, but circumstances have not allowed them to find a better job yet.
